Yesterday, I posted the important events that need attention this month. Among them is the interest rate meeting of the Federal Reserve last night.
Keeping interest rates unchanged is the main view in the near future. Yellen always talks about controlling inflation.
Last night, Yellen said that inflation is more in line with expectations. The expectation of interest rate cuts this year is more achievable. The Federal Reserve is the cash machine of capital, and the whole world pays for it!
Stimulated by the expectation of interest rate cuts, the crypto market rebounded instantly.
Since Bitcoin broke its previous historical high in early March, the top adjustment has been more than a month. The integer level of 60,000 US dollars and the quadruple bottom, the top bottoming has initially failed.
An interesting phenomenon is that Bitcoin has retreated, and some cottages have stopped following the market. W, STRK and other coins that we continue to pay attention to have relatively strong performance. 💰qun嘉👥玮:1983211157 Especially W, the bottom repair has been long, and with the good news, the subsequent strong effect will continue.
The performance of the new coins after listing in this round is mainly falling. The liquidity of funds in the market is insufficient, and the consensus is seriously divided. Waiting for the listing to fall and go sideways is a better strategy. It is a good opportunity after the sideways trend.
Bitcoin funds are leaving the market with profits, and the opportunity to enter the alt market is increasing. I see some market makers selling Bitcoin. The callback of the old currency this time is close to the price in October when the bear-bull transition occurred. The bubbles of new and old currencies are squeezed. Next, with the acceleration of staking activities and technological development of various chains, the alt market season under the bull market effect is expected to be visible! Keep up with the community and don't miss the track advantage targets!